156 S Pennsylvania Ave, Glendora, CA 91741
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156 S Pennsylvania Ave Glendora, CA 91741

$1,780,000
  • 7 Beds
  • 4.5 Baths
  • 3,209 Sq.Ft.
For Sale
$1,780,000 Get Pre-Qualified

Map preview of 156 S Pennsylvania Ave, Glendora, CA 91741

Property Overview: 156 S Pennsylvania Ave Glendora, CA has 7 bedrooms, 4.5 bathrooms, 3,209 living square feet and 8,815 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Lovely Triplex with recently renovated 3-bedroom, 2-bath vintage home in front (address 156 S Pennsylvania Ave), and newly renovated duplex, 2-bedroom and 1.5 bath in back (addresses 215 and 217 W. Carroll Ave). Back units are newly renovated with new bathrooms, new kitchen, new flooring, windows, doors, etc. Highly desirable location close to Glendora Village. Front house has a month-to-month lease. Strong rental demand and ability to monetize three one-car garages and laundry room, providing rare upside opportunity. Also ability to add two additional units at the rear of property with current zoning. Please do NOT go on the property. All offers are subject to interior inspection.

Listed by Anna Wang | BRE #01405688 | Keller Williams Realty
Last checked: 14 minutes ago | Last updated: April 11th, 2024 | Source CRMLS | DOM: 25
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Home details

Lot Sq. Ft
8,815
HOA Dues
$0/mo
Year built
1979
Garage
3 Car
Property Type:
Triplex
Status
Active
MLS#
AR24068597
City
Glendora
County
Los Angeles
Time on Site
33 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 3
  • Total # of Buildings: 3
  • # of Leased Units: 3
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $2,800
  • Total Rent: $2,800
  • Pro Forma/Market Rent: $3,500
Unit Breakdown 2
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $3,100
  • Total Rent: $3,100
  • Pro Forma/Market Rent: $3,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $109,200
  • Net Operating Income: $75,175
  • Gross Operating Income: $105,925
  • Vacancy Allowance: $3,275
Annual Expense Breakdown
  • Total Operating Expense: $30,750
  • Electric: $1,200
  • Gas/Fuel: $400
  • Licenses: $139
  • New Taxes: $21,850
  • Trash: $396
  • Gardener: $1,315
  • Insurance: $4,000
  • Maintenance: $2,400
  • Water/Sewer: $600

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Property Details for 156 S Pennsylvania Ave

Interior Features
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, Inside, Stackable
Interior Features
  • Levels: One, Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 6
Lot Information
  • Lot Features: Corner Lot, Front Yard, Lawn
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 3
  • Parcel Number: 8638025023
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Corner of S. Pennsylvania Ave and W. Carroll Ave
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

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Sale History for 156 S Pennsylvania Ave

Last sold for $530,000 on March 1st, 2011
  • April, 2024

  • Apr 6, 2024

    Date

    Active

    CRMLS: AR24068597

    $1,780,000

    Price

  • February, 2024

  • Feb 1, 2024

    Date

    Expired

    CRMLS: AR23153618

    $1,550,000

    Price

  • Aug 16, 2023

    Date

    Active

    CRMLS: AR23153618

    $1,550,000

    Price

  • Listing provided courtesy of CRMLS

    Great location surrounded by newer development projects and nice single homes. Treelined street, quiet also have vibe of peaceful. This triplex with vintage home at the front that has been renovated 6 years ago, and separate newer duplex on ample lot. Highly desirable location super close to Glendora Village, golf courses. All three units will be delivered vacant, perfect for new owner to clean and update and bring up to market rents. Strong rental demand and ability to monetize three one-car garages and laundry room, bring rare upside opportunity. Please do NOT go on the property. All offers subject to interior inspection.

  • March, 2011

  • Mar 1, 2011

    Date

    Sold (Public Records)

    Public Records

    $530,000

    Price

  • June, 2001

  • Jun 13, 2001

    Date

    Sold (Public Records)

    Public Records

    $325,000

    Price

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Tax History for 156 S Pennsylvania Ave

Assessed Value (2020): $620,873
Year Land Value Improved Value Assessed Value
2020 $386,582 $234,291 $620,873

Home Value Compared to the Market

This property vs the competition

156 S Pennsylvania Ave is listed 87.37% higher than the median list price for the city of Glendora which has a median list price of $950,000. The median price per/sqft for Glendora is $542 and this home is listed at $554.69 per/sqft which puts the price per square foot 2.34% higher than the median price per square foot for the city of Glendora.

About 156 S Pennsylvania Ave

Detailed summary of property

156 S Pennsylvania Ave is a triplex located in Glendora, CA 91741 and is currently for sale. This triplex offers 7 bedrooms, 4.5 bathrooms, roughly 3,209 living square feet, and sits on an approximately 8,815 square foot lot. 156 S Pennsylvania Ave was first listed on ArdentRealEstateGroup.com on April 7, 2024. The homeowner is currently asking $1,780,000. The median priced home in Glendora is $950,000 with a median price per square foot of $542. Based on Ardent Real Estate Group's Glendora Market Data, this home is listed 87.37% higher than the median priced home. Local competing homes currently for sale include 1379 S Gibbs St, 2325 Angela St and 2325 Angela St. While the average home in Glendora, CA is selling in 56 days, 156 S Pennsylvania Ave has a days on market of 25 days. There are currently 105 homes for sale in the Glendora real estate market and 95 of them are single family homes while 5 of them are condos and 5 are townhomes. For more information on this home for sale at 156 S Pennsylvania Ave Glendora, CA 91741 contact Ardent Real Estate Group and we will put you in touch with one of our Glendora agents.

Public Facts for 156 S Pennsylvania Ave

Public county record property details
Beds
7
Baths
3
Year built
1979
Sq. Ft.
3,209
Lot Size
8,812
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
28,29
APN
8638-025-023

The source for these homes facts are from public records.

91741 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,100,000
Median List Price/Sq.Ft.
$527
Median Sold Price
$900,000
Median Sold Price/Sq.Ft.
$519
Total Inventory
70
Median Sale to List Price %
100%
Avg Days on Market
31
Loan Type
Conventional (46.15%), FHA (3.85%), VA (0%), Cash (34.62%), Other (15.38%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.